Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

  1. Categories >> Accounting >> Taxation
  2. Suggest New Category

What are the new TDS rates for Contractor and Sub
Contractor for the F.Y.2009-10

Question Posted / vkharbanda1968

Answers were Sorted based on User's Feedback



What are the new TDS rates for Contractor and Sub Contractor for the F.Y.2009-10..

Answer / yogesh

Section Tax Type Tax Code TDS Rate
Description
Contract (U/s 194C) AC A1 1% Individual
and HUF Contractor
IC I1 1% Individual and HUF
Contractor
AC A2 2% Other than Individual and
HUF
IC I2 2% Other than Individual and
HUF
AT A0 0% Transport party who is
having PAN
IT I0 0% Transport party who is
having PAN

Rent (U/s 194I) AI A2 2% In case of Plant &
Machinery
II I2 2% In case of Plant & Machinery
AI A3 10% In case of Land, Building
and Furniture
II I3 10% In case of Land, Building
and Furniture
AI A4 15%
II I4 15%
AI A5 20%
II I5 20%

Interest on Securities (U/s 193) AS A3 10%
In all the cases
IS I3 10% In all the cases

Interest othen than Int. on securities (U/s 194A) AA
A3 10% In all the cases
IA I3 10% In all the cases

Professional Services (U/s 194J) AJ A3 10%
In all the cases
IJ I3 10% In all the cases

Brokerage/ Commission (U/s 194H) AH A3 10%
In all the cases
IH I3 10% In all the cases

Is This Answer Correct ?    13 Yes 1 No

What are the new TDS rates for Contractor and Sub Contractor for the F.Y.2009-10..

Answer / t brahma naidu

194 C - CONTRACTORS & SUBCONTRACTORS TDS RATES
1. CONTRACTORS - 2%
2. SUBCONTRACTORS - 1%

Is This Answer Correct ?    5 Yes 1 No

Post New Answer

More Taxation Interview Questions

what is the journal entry if bank deducted tds on commision

4 Answers  

how to fill tds monthly form i.e. form 281?

1 Answers  

what is current TDS (tax deduction at source)rate?

3 Answers   IBM,

What are allowable and dis-allowable expenditure?

0 Answers  

what r the differences among GRN, TOT, VAT and other regestration numbers. what is the limit to the turnover according to vat act?Pleas clear my doubt.

1 Answers   Satyam, Texus, Vinayak Traders,

What are the streamlined sales and use tax agreement?

0 Answers  

what data require for liability calculation under work contract tax composition scheme and regular method.

0 Answers  

What is the limite of deducted of WCT & how we fill the return in Haryana

1 Answers   Vardhman,

I want to know that can we get input vat credit against tax invoice/retail invoice/& commercial invoices. Our auditor is saying that only tax invoice is libel for vat input credit. But many parties issue us retail invoice & commercial invoice.

2 Answers  

Hi, can you please confirm, what should be the rate of TDS when, I will pay revenue share to a domestic company ?? Tx Buddha

0 Answers  

What is the FORM F ? And when we are going to use it ?

6 Answers  

How do we use C-Form.

5 Answers  

For more Taxation Interview Questions Click Here
Categories